Liability Insurance in Turkey to 2021: Market Size, Growth and Forecast Analytics

Liability insurance is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims. It protects the insured in the event he or she is sued for claims that come within the coverage of the insurance policy. Examples of liability insurance include Directors & Officers Liability, Workmen's Compensation & Professional Liability.

The total amount of gross written premiums in the liability insurance in Turkey is valued at TRYxxx.xx billion (US$xxx.xx billion) in 2016, which is an increase of xx.xx% from 2012. The category has recorded a CAGR of xx.xx% during the review period (2012-2016).

Liability Insurance in Turkey to 2021: Market Size, Growth and Forecast Analytics provides a top-level overview and detailed insight into the operating environment of Insurance industry in Turkey. It is an essential tool for companies active across the Turkey value chain and for new players considering to enter the market.

1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 CAGR Definition and Calculation
2 Liability Insurance
2.1 Policies and Premiums
2.1.1 Gross Written Premiums, 2012 - 2016
2.1.2 Gross Written Premiums Forecast, 2017 - 2021
2.1.3 Direct Written Premiums, 2012 - 2016
2.1.4 Direct Written Premiums Forecast, 2017 - 2021
2.1.5 Net Written Premiums, 2012 - 2016
2.1.6 Net Written Premium Forecast, 2017 - 2021
2.1.7 Net Written Premiums (% of GWP), 2012 - 2016
2.1.8 Net Written Premiums (% of GWP) Forecast, 2017 - 2021
2.1.9 Net Earned Premiums, 2012 - 2016
2.1.10 Net Earned Premiums Forecast, 2017 - 2021
2.1.11 Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
2.1.12 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2017 - 2021
2.1.13 Number of Active Policies, 2012 - 2016
2.1.14 Number of Active Policies Forecast, 2017 - 2021
2.2 Claims and Expenses
2.2.1 Gross Claims, 2012 - 2016
2.2.2 Gross Claims Forecast, 2017 - 2021
2.2.3 Paid Claims, 2012 - 2016
2.2.4 Paid Claims Forecast, 2017 - 2021
2.2.5 Change in Outstanding Reserves, 2012 - 2016
2.2.6 Change in Outstanding Reserves Forecast, 2017 - 2021
2.2.7 Incurred Loss, 2012 - 2016
2.2.8 Incurred Loss Forecast, 2017 - 2021
2.2.9 Loss Ratio (%), 2012 - 2016
2.2.10 Loss Ratio (%) Forecast, 2017 - 2021
3 Liability Insurance - by Product Type
3.1 Workmen's Compensation/Industrial Accident/Employer's Liability
3.1.1 Gross Written Premiums, 2012 - 2016
3.1.2 Gross Written Premiums Forecast, 2017 - 2021
3.1.3 Direct Written Premiums, 2012 - 2016
3.1.4 Direct Written Premiums Forecast, 2017 - 2021
3.1.5 Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
3.1.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2017 - 2021
3.1.7 Number of Active Policies, 2012 - 2016
3.1.8 Number of Active Policies Forecast, 2017 - 2021
3.2 Professional Liability
3.2.1 Gross Written Premiums, 2012 - 2016
3.2.2 Gross Written Premiums Forecast, 2017 - 2021
3.2.3 Direct Written Premiums, 2012 - 2016
3.2.4 Direct Written Premiums Forecast, 2017 - 2021
3.2.5 Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
3.2.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2017 - 2021
3.2.7 Number of Active Policies, 2012 - 2016
3.2.8 Number of Active Policies Forecast, 2017 - 2021
3.3 Environmental/Hazardous Material Risk
3.3.1 Gross Written Premiums, 2012 - 2016
3.3.2 Gross Written Premiums Forecast, 2017 - 2021
3.3.3 Direct Written Premiums, 2012 - 2016
3.3.4 Direct Written Premiums Forecast, 2017 - 2021
3.3.5 Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
3.3.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2017 - 2021
3.3.7 Number of Active Policies, 2012 - 2016
3.3.8 Number of Active Policies Forecast, 2017 - 2021
3.4 Other Liability
3.4.1 Gross Written Premiums, 2012 - 2016
3.4.2 Gross Written Premiums Forecast, 2017 - 2021
3.4.3 Direct Written Premiums, 2012 - 2016
3.4.4 Direct Written Premiums Forecast, 2017 - 2021
3.4.5 Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
3.4.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2017 - 2021
3.4.7 Number of Active Policies, 2012 - 2016
3.4.8 Number of Active Policies Forecast, 2017 - 2021
4 Appendix
4.1 Exchange Rates
4.2 About Timetric
4.3 Timetric’s Services
4.4 Disclaimer
Table 1: Timetric - Insurance Market Definitions
Table 2: Turkish Liability Insurance; Gross Written Premiums (US$ Billion), 2012 - 2016
Table 3: Turkish Liability Insurance; Gross Written Premiums (TRY Billion), 2012 - 2016
Table 4: Turkish Liability Insurance; Gross Written Premiums (US$ Billion), 2017 - 2021
Table 5: Turkish Liability Insurance; Gross Written Premiums (TRY Billion), 2017 - 2021
Table 6: Turkish Liability Insurance; Direct Written Premiums (US$ Billion), 2012 - 2016
Table 7: Turkish Liability Insurance; Direct Written Premiums (TRY Billion), 2012 - 2016
Table 8: Turkish Liability Insurance; Direct Written Premiums (US$ Billion), 2017 - 2021
Table 9: Turkish Liability Insurance; Direct Written Premiums (TRY Billion), 2017 - 2021
Table 10: Turkish Liability Insurance; Net Written Premiums (US$ Billion), 2012 - 2016
Table 11: Turkish Liability Insurance; Net Written Premiums (TRY Billion), 2012 - 2016
Table 12: Turkish Liability Insurance; Net Written Premiums (US$ Billion), 2017 - 2021
Table 13: Turkish Liability Insurance; Net Written Premiums (TRY Billion), 2017 - 2021
Table 14: Turkish Liability Insurance; Net Written Premiums (% of GWP), 2012 - 2016
Table 15: Turkish Liability Insurance; Net Written Premiums (% of GWP), 2017 - 2021
Table 16: Turkish Liability Insurance; Net Earned Premiums (US$ Billion), 2012 - 2016
Table 17: Turkish Liability Insurance; Net Earned Premiums (TRY Billion), 2012 - 2016
Table 18: Turkish Liability Insurance; Net Earned Premiums (US$ Billion), 2017 - 2021
Table 19: Turkish Liability Insurance; Net Earned Premiums (TRY Billion), 2017 - 2021
Table 20: Turkish Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Table 21: Turkish Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Table 22: Turkish Liability Insurance; Number of Active Policies (Million), 2012 - 2016
Table 23: Turkish Liability Insurance; Number of Active Policies (Million), 2017 - 2021
Table 24: Turkish Liability Insurance; Gross Claims (US$ Billion), 2012 - 2016
Table 25: Turkish Liability Insurance; Gross Claims (TRY Billion), 2012 - 2016
Table 26: Turkish Liability Insurance; Gross Claims (US$ Billion), 2017 - 2021
Table 27: Turkish Liability Insurance; Gross Claims (TRY Billion), 2017 - 2021
Table 28: Turkish Liability Insurance; Paid Claims (US$ Billion), 2012 - 2016
Table 29: Turkish Liability Insurance; Paid Claims (TRY Billion), 2012 - 2016
Table 30: Turkish Liability Insurance; Paid Claims (US$ Billion), 2017 - 2021
Table 31: Turkish Liability Insurance; Paid Claims (TRY Billion), 2017 - 2021
Table 32: Turkish Liability Insurance; Change in Outstanding Reserves (US$ Billion), 2012 - 2016
Table 33: Turkish Liability Insurance; Change in Outstanding Reserves (TRY Billion), 2012 - 2016
Table 34: Turkish Liability Insurance; Change in Outstanding Reserves (US$ Billion), 2017 - 2021
Table 35: Turkish Liability Insurance; Change in Outstanding Reserves (TRY Billion), 2017 - 2021
Table 36: Turkish Liability Insurance; Incurred Loss (US$ Billion), 2012 - 2016
Table 37: Turkish Liability Insurance; Incurred Loss (TRY Billion), 2012 - 2016
Table 38: Turkish Liability Insurance; Incurred Loss (US$ Billion), 2017 - 2021
Table 39: Turkish Liability Insurance; Incurred Loss (TRY Billion), 2017 - 2021
Table 40: Turkish Liability Insurance; Loss Ratio (Percentage), 2012 - 2016
Table 41: Turkish Liability Insurance; Loss Ratio (Percentage), 2017 - 2021
Table 42: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Gross Written Premiums (US$ Billion), 2012 - 2016
Table 43: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Gross Written Premiums (TRY Billion), 2012 - 2016
Table 44: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Gross Written Premiums (US$ Billion), 2017 - 2021
Table 45: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Gross Written Premiums (TRY Billion), 2017 - 2021
Table 46: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (US$ Billion), 2012 - 2016
Table 47: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (TRY Billion), 2012 - 2016
Table 48: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (US$ Billion), 2017 - 2021
Table 49: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (TRY Billion), 2017 - 2021
Table 50: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Table 51: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Table 52: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability Number of Active Policies (Million), 2012 - 2016
Table 53: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability Number of Active Policies (Million), 2017 - 2021
Table 54: Turkish Liability Insurance by Professional Liability; Gross Written Premiums (US$ Billion), 2012 - 2016
Table 55: Turkish Liability Insurance by Professional Liability; Gross Written Premiums (TRY Billion), 2012 - 2016
Table 56: Turkish Liability Insurance by Professional Liability; Gross Written Premiums (US$ Billion), 2017 - 2021
Table 57: Turkish Liability Insurance by Professional Liability; Gross Written Premiums (TRY Billion), 2017 - 2021
Table 58: Turkish Liability Insurance by Professional Liability; Direct Written Premiums (US$ Billion), 2012 - 2016
Table 59: Turkish Liability Insurance by Professional Liability; Direct Written Premiums (TRY Billion), 2012 - 2016
Table 60: Turkish Liability Insurance by Professional Liability; Direct Written Premiums (US$ Billion), 2017 - 2021
Table 61: Turkish Liability Insurance by Professional Liability; Direct Written Premiums (TRY Billion), 2017 - 2021
Table 62: Turkish Liability Insurance by Professional Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Table 63: Turkish Liability Insurance by Professional Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Table 64: Turkish Liability Insurance by Professional Liability; Number of Active Policies (Million), 2012 - 2016
Table 65: Turkish Liability Insurance by Professional Liability; Number of Active Policies (Million), 2017 - 2021
Table 66: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Gross Written Premiums (US$ Billion), 2012 - 2016
Table 67: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Gross Written Premiums (TRY Billion), 2012 - 2016
Table 68: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Gross Written Premiums (US$ Billion), 2017 - 2021
Table 69: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Gross Written Premiums (TRY Billion), 2017 - 2021
Table 70: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Direct Written Premiums (US$ Billion), 2012 - 2016
Table 71: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Direct Written Premiums (TRY Billion), 2012 - 2016
Table 72: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Direct Written Premiums (US$ Billion), 2017 - 2021
Table 73: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Direct Written Premiums (TRY Billion), 2017 - 2021
Table 74: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Table 75: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Table 76: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Number of Active Policies (Million), 2012 - 2016
Table 77: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Number of Active Policies (Million), 2017 - 2021
Table 78: Turkish Liability Insurance by Other Liability; Gross Written Premiums (US$ Billion), 2012 - 2016
Table 79: Turkish Liability Insurance by Other Liability; Gross Written Premiums (TRY Billion), 2012 - 2016
Table 80: Turkish Liability Insurance by Other Liability; Gross Written Premiums (US$ Billion), 2017 - 2021
Table 81: Turkish Liability Insurance by Other Liability; Gross Written Premiums (TRY Billion), 2017 - 2021
Table 82: Turkish Liability Insurance by Other Liability; Direct Written Premiums (US$ Billion), 2012 - 2016
Table 83: Turkish Liability Insurance by Other Liability; Direct Written Premiums (TRY Billion), 2012 - 2016
Table 84: Turkish Liability Insurance by Other Liability; Direct Written Premiums (US$ Billion), 2017 - 2021
Table 85: Turkish Liability Insurance by Other Liability; Direct Written Premiums (TRY Billion), 2017 - 2021
Table 86: Turkish Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Table 87: Turkish Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Table 88: Turkish Liability Insurance by Other Liability; Number of Active Policies (Million), 2012 - 2016
Table 89: Turkish Liability Insurance by Other Liability; Number of Active Policies (Million), 2017 - 2021
Table 90: Turkish Exchange Rate (Annual Average), 2012 – 2016
Table 91: Turkish Exchange Rate (Annual Average), 2017 – 2021 ForecastFigure 1: Turkish Liability Insurance; Gross Written Premiums (TRY Billion), 2012 - 2016
Figure 2: Turkish Liability Insurance; Gross Written Premiums (TRY Billion), 2017 - 2021
Figure 3: Turkish Liability Insurance; Direct Written Premiums (TRY Billion), 2012 - 2016
Figure 4: Turkish Liability Insurance; Direct Written Premiums (TRY Billion), 2017 - 2021
Figure 5: Turkish Liability Insurance; Net Written Premiums (TRY Billion), 2012 - 2016
Figure 6: Turkish Liability Insurance; Net Written Premiums (TRY Billion), 2017 - 2021
Figure 7: Turkish Liability Insurance; Net Written Premiums (% of GWP), 2012 - 2016
Figure 8: Turkish Liability Insurance; Net Written Premiums (% of GWP), 2017 - 2021
Figure 9: Turkish Liability Insurance; Net Earned Premiums (TRY Billion), 2012 - 2016
Figure 10: Turkish Liability Insurance; Net Earned Premiums (TRY Billion), 2017 - 2021
Figure 11: Turkish Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Figure 12: Turkish Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Figure 13: Turkish Liability Insurance; Number of Active Policies (Million), 2012 - 2016
Figure 14: Turkish Liability Insurance; Number of Active Policies (Million), 2017 - 2021
Figure 15: Turkish Liability Insurance; Gross Claims (TRY Billion), 2012 - 2016
Figure 16: Turkish Liability Insurance; Gross Claims (TRY Billion), 2017 - 2021
Figure 17: Turkish Liability Insurance; Paid Claims (TRY Billion), 2012 - 2016
Figure 18: Turkish Liability Insurance; Paid Claims (TRY Billion), 2017 - 2021
Figure 19: Turkish Liability Insurance; Change in Outstanding Reserves (TRY Billion), 2012 - 2016
Figure 20: Turkish Liability Insurance; Change in Outstanding Reserves (TRY Billion), 2017 - 2021
Figure 21: Turkish Liability Insurance; Incurred Loss (TRY Billion), 2012 - 2016
Figure 22: Turkish Liability Insurance; Incurred Loss (TRY Billion), 2017 - 2021
Figure 23: Turkish Liability Insurance; Loss Ratio (Percentage), 2012 - 2016
Figure 24: Turkish Liability Insurance; Loss Ratio (Percentage) 2017 - 2021
Figure 25: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Gross Written Premiums (TRY Billion) 2012 - 2016
Figure 26: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Gross Written Premiums (TRY Billion) 2017 - 2021
Figure 27: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (TRY Billion) 2012 - 2016
Figure 28: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (TRY Billion), 2017 - 2021
Figure 29: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Figure 30: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Figure 31: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability Number of Active Policies (Million), 2012 - 2016
Figure 32: Turkish Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability Number of Active Policies (Million), 2017 - 2021
Figure 33: Turkish Liability Insurance by Professional Liability; Gross Written Premiums (TRY Billion) 2012 - 2016
Figure 34: Turkish Liability Insurance by Professional Liability; Gross Written Premiums (TRY Billion) 2017 - 2021
Figure 35: Turkish Liability Insurance by Professional Liability; Direct Written Premiums (TRY Billion) 2012 - 2016
Figure 36: Turkish Liability Insurance by Professional Liability; Direct Written Premiums (TRY Billion) 2017 - 2021
Figure 37: Turkish Liability Insurance by Professional Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Figure 38: Turkish Liability Insurance by Professional Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Figure 39: Turkish Liability Insurance by Professional Liability; Number of Active Policies (Million), 2012 - 2016
Figure 40: Turkish Liability Insurance by Professional Liability; Number of Active Policies (Million), 2017 - 2021
Figure 41: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Gross Written Premiums (TRY Billion) 2012 - 2016
Figure 42: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Gross Written Premiums (TRY Billion) 2017 - 2021
Figure 43: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Direct Written Premiums (TRY Billion) 2012 - 2016
Figure 44: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Direct Written Premiums (TRY Billion) 2017 - 2021
Figure 45: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Figure 46: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Figure 47: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Number of Active Policies (Million), 2012 - 2016
Figure 48: Turkish Liability Insurance by Environmental/Hazardous Material Risk; Number of Active Policies (Million), 2017 - 2021
Figure 49: Turkish Liability Insurance by Other Liability; Gross Written Premiums (TRY Billion) 2012 - 2016
Figure 50: Turkish Liability Insurance by Other Liability; Gross Written Premiums (TRY Billion) 2017 - 2021
Figure 51: Turkish Liability Insurance by Other Liability; Direct Written Premiums (TRY Billion) 2012 - 2016
Figure 52: Turkish Liability Insurance by Other Liability; Direct Written Premiums (TRY Billion) 2017 - 2021
Figure 53: Turkish Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Figure 54: Turkish Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Figure 55: Turkish Liability Insurance by Other Liability; Number of Active Policies (Million), 2012 - 2016
Figure 56: Turkish Liability Insurance by Other Liability; Number of Active Policies (Million), 2017 - 2021